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The Today in Manufacturing Podcast is brought to you by the editors of Manufacturing.net and Industrial Equipment News (IEN).
This week's episode is brought to you by the fintech pioneers at Klear. When demand outpaces the funding needed to sustain growth, manufacturers run into what is known as the “success trap."
The success trap is all too common. Enterprises invest heavily to fill orders while waiting weeks for payment. This dynamic can create a deficit in working capital that forces many to make decisions that lead to delivery delays and frustrated customers.
Check out this report, "The Success Trap: Why Fast-Growing Manufacturers Fail," to learn how manufacturers can avoid these types of barriers in growing their business.
Every week, we cover the three biggest stories in manufacturing, and the implications they have on the industry moving forward. This week:
Offshoring Critic to Move Ohio Manufacturing to China - @2:35
Last month, Conn-Selmer – a manufacturer that’s said to be the last to produce brass musical instruments in the United States – announced that it would be closing its plant in Eastlake, Ohio and moving production to a plant in China.
Cargill to Shutter Wisconsin Plant, Cut More than 200 Jobs - @8:41
Cargill says it plans to shut down its beef plant in Milwaukee by the end of May.
Wind Turbine Graveyard in Texas Sparks Lawsuit - @13:55
The State of Texas filed a lawsuit against industrial waste recycler Global Fiberglass Solutions for illegally compiling approximately 3,000 wind turbine blades and parts at two disposal sites in Sweetwater, Texas.
In Case You Missed It
Robotic Dog Made in China Gets Indian University Kicked Out of AI Summit - @22:26
They claimed it was the university's own innovation.
Security Breach: Hybrid Warfare is Upon You - @24:37
Responding to the evolving state-sponsored Russian hacking groups targeting U.S. manufacturing.
Small Aircraft Went from Concept to Flight-Ready Prototype in 71 Days - @27:41
It was 3D printed as monolithic assemblies rather than multi-part builds.
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